NOC 14201: Banking, insurance and other financial clerks
Banking, insurance and other financial clerks compile, process and maintain banking, insurance and other financial information. They are employed by banks, credit companies, private and public insurance establishments, investment firms and other financial establishments throughout the private and public sectors.
Last reviewed 2026-11-02 · Sources: Immigration, Refugees and Citizenship Canada (IRCC)
Quick answer
NOC 14201 (Banking, insurance and other financial clerks) is a TEER 4 occupation — not skilled work for FSW or CEC. It is not on IRCC's high-wage list. It isn't on any current category-based draw list.
TEER
TEER 4
Not skilled for FSW/CEC
High-wage
Not listed
No extra CRS points
Category draws
None
IRCC 2026 lists
| NOC 2021 code | 14201 |
|---|---|
| Title | Banking, insurance and other financial clerks |
| Broad category | Business, finance and administration occupations |
| TEER | TEER 4 — usually requires a high school diploma or several weeks of on-the-job training |
Example job titles
- actuarial clerk
- bank clerk
- credit clerk
- dental claims clerk
- dividend calculation clerk
- insurance clerk - financial sector
- insurance rater
- ledger control clerk
Main duties
- Bank Clerks
- Compile records of deposits, withdrawals, loan and mortgage payments, cheques and purchase, sale and exchange of securities
- Process loan and mortgage applications, loan and mortgage payments, retirement savings plan applications, term deposits, drafts and money orders
- Verify and balance automatic teller machine transactions and ledger entries, calculate service charges and interest payments and notify customers regarding account discrepancies and captured bank cards
- Answer enquiries and provide information on banking products, policies and services
- May sell drafts, money orders, travellers' cheques and foreign currency, rent safety deposit boxes and open and close savings, chequing and other accounts.
- Insurance clerks
- Process enrolments, cancellations, claims transactions, policy changes and premium payments
Your duties should match the lead statement and most of the main duties to use this NOC — check the full profile on the official NOC site.
Related occupations
- NOC 14200 — Accounting and related clerks
- NOC 14202 — Collection clerks
- NOC 14100 — General office support workers
- NOC 14101 — Receptionists
- NOC 14102 — Personnel clerks
- NOC 14103 — Court clerks and related court services occupations
- NOC 14110 — Survey interviewers and statistical clerks
- NOC 14111 — Data entry clerks
- NOC 14112 — Desktop publishing operators and related occupations
- NOC 14300 — Library assistants and clerks
← NOC 14200 Accounting and related clerks · NOC 14202 Collection clerks →
Calculate your CRS score → · All NOC codes · High-wage list
TEER 4 also matters for work permits: see the spousal open work permit (TEER rules for spouses of workers), LMIA explained and the Atlantic Immigration Program (job offers in TEER 0–4).
Sources: Statistics Canada NOC 2021 V1.0; IRCC high-wage occupations; IRCC category-based selection; IRCC who can apply.
Frequently asked questions
Is NOC 14201 eligible for Express Entry?+
NOC 14201 is a TEER 4 occupation. IRCC only counts TEER 0, 1, 2 or 3 work as skilled experience for the Federal Skilled Worker Program and the Canadian Experience Class, so this occupation alone generally won't meet those requirements. Provincial programs may differ.
Is NOC 14201 a high-wage occupation?+
No. NOC 14201 isn't on IRCC's Express Entry high-wage occupations list, so it doesn't earn the extra high-wage or job offer CRS points. Canadian work-length points can still apply for TEER 0–3 work.
Which Express Entry category draws include NOC 14201?+
None of IRCC's current category-based selection lists include NOC 14201. Candidates can still be invited in general, program-specific (such as CEC) or PNP rounds.